Solana (SOL) Price Analysis: Solana price today i

Solana (SOL) Price Analysis:

Solana price today is trading at $157.18, this has come after ranging between the low of $144.36 and the high of $157.13. Its market cap stands at a healthy $82.67 billion, with an impressive 24-hour volume of $4.48 billion, up by 113.19%.

Looking at the daily chart, SOL is rebounding from its lower Bollinger Band at ~$141.60 and is now trading above the 20-day SMA of $155.61, which suggests a short-term bullish reversal. The upper band is currently near $169.61, which I am confident will be the next resistance zone if bullish momentum continues. Successively, the RSI is at 49.91, climbing from oversold territory and crossing above its moving average at 43.51.

A decisive break above the upper Bollinger Band and $170 could open the doors for a rally toward $185-$190 in the near term. However, failure to sustain above $155 may pull prices back toward $144-$141 support range.

If you are keen on holding SOL for the long term, you need to read our Solana (SOL) Price Prediction 2025, 2026-2030!